Payroll Executive
3 weeks ago
JOB SUMMARY
Responsible for monthly payroll processing, coordination with external payroll service providers, preparing payroll balance sheet accounts and assisting the Assistant Payroll Manager / Associate Director, Business and Finance Projects in managing regional payroll activities.
Position requires strong collaboration with other team members and other departments in ensuring the day-to-day payroll functions are operating efficiently.
CORE WORK ACTIVITIES
- Responsible for accurate and timely execution of associate payroll by external service provider. This includes:
- Involved in the full cycle of payroll processing for Singapore, Hong Kong, China, Japan and other countries as assigned
- Prepare and maintain monthly payroll schedules
- Compute commission per compensation plans
- Validate monthly payroll submissions ensuring accurate and timely processing in compliance with local legislation and corporate policy
- Liaise with HR, Tax Consultant and Corporate teams for payroll-related matters, and ensure compliance with established policies and procedures
- Identify and recommend improvements to payroll related work processes.
2. Prepare for local statutory submission including:
- CPF and other payroll-related submissions
- Process payroll applications for government rebates/reimbursement
- Assist in the completion of annual income & tax filings (e.g. IR8A and IR21) within stipulated timelines.
3. Payroll Accounting:
- Prepare payroll journalsfor upload to financial accounting system
- Prepare Profit &Loss and BalanceSheet reconciliation for payroll relatedaccounts
- Prepare monthly payrollaccruals such as Commission, AnnualLeave etc.
- Ensure Payroll balance sheets are prepared, updated and reconciling items are cleared in a timely manner.
4. Ensure adequate controls are in place around all matters pertaining to payroll:
- Prepare documentation and reconciliations for external audit
- Maintain strict confidentiality of all associate payroll records.
5. Prepare payroll related information and analysis:
- Responsible for monthly headcount reconciliation & payroll reports to business partners
- Ad-hoc payroll reporting to HR
- Attend to payroll enquiries from associates, internal & external stakeholders.
6. Assist in the implementation of payroll processes and payroll systems in new locations (if any)
7. Any other duties as and when assigned from time to time.
CANDIDATE PROFILE
- Diploma in Accounting
- Some payroll experience will be advantageous
- Must have payroll accounting knowledge
- Good understanding of the CPF, government claimprocesses and Employment Act compliance
- Good Excel skills
- Good communication skills
- Excellent team player
- Meticulous and organized with the ability to work independently to meet deadlines
Marriott Vacations Worldwide is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture.
Tell employers what skills you have
External Audit
Microsoft Excel
Ability To Work Independently
Legislation
Tax
Payroll
Financial Accounting
Accounting System
Accounting
Compliance
Good Communication Skills
Excel
Team Player
Human Resources
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